Section 21: Authentication of documents, proceedings and contracts
This section is for explaining how a company can authenticate its documents, proceedings, and contracts.
The section, clause by clause
What the section says
In plain terms
Save as otherwise provided in this Act,—
(a)a document or proceeding requiring authentication by a company; or (b) contracts made by or on behalf of a company, may be signed by any key managerial personnel or 1[an officer or employee of the company] duly authorised by the Board in this behalf.
The right-hand column is written from the section text, not quoted from it, and it has no legal force. Where the two differ, the left-hand column is the law.
Amendment notes
- 1. Subs. by Act 1 of 2018, s. 7, for “an officer of the company” (w.e.f. 9-2-2018).
- 2. Subs. by Act 21 of 2015, s. 6, for “under its common seal” (w.e.f. 29-5-2015).
- 3. The proviso ins. by s. 6, ibid. (w.e.f. 29-5-2015).
- 4. The words “and have the effect as if it were made under its common seal” omitted by s. 6, ibid. (w.e.f. 29-5-2015).
- 5. Ins. by Act 29 of 2020, s. 5, (w.e.f. 30-10-2023).
Referred to by
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Reproduced from the official India Code print for reference. Check the current text on India Code before you rely on it, and read the section alongside its Rules. Nothing here is legal advice.